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Bongbong Marcos vetoes bill expanding Davao Light and Power Company Inc. franchise area

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President Ferdinand “Bongbong” Marcos Jr. has vetoed a measure seeking to expand the franchise area of the Davao Light and Power Company, Inc. | NAMercadoINQ

President Ferdinand Marcos Jr. delivers his first State of the Nation Address on Monday, July 25, 2022, at the Batasang Pambansa in Quezon City. Screengrab from RTVM

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has vetoed a measure seeking to expand the franchise area of the Davao Light and Power Company, Inc. Marcos made his decision known through a letter addressed to Congress, which was shared by Senate President Juan Miguel Zubiri to the media on Thursday.

Marcos explained that North Davao Electric Cooperative Inc. has existing franchises in the expanded franchise area which will subsist until 2028 and until 2033.

 

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NAMercadoINQ Ang veto ay sa basang kili kili, ukininam

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